CM Navigator A/S
Public limited companyCVR 44181770NordhavnActive
CM Navigator A/S is a public limited company, based in Nordhavn, active in television programming, publishing and distribution of visual recordings, founded in 2023. The company made a loss in both 2024 and 2025, most recently DKK 1.4m. With 12 employees, the company is about 6 times larger than the industry median. 6 other companies in the database are registered at the same address.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- The loss grew: from DKK 1.3m to DKK 1.4m (2024 → 2025).
- Equity rose 13% (2024 → 2025), to DKK 511k.
Registrations, last 24 months
- 16/10/2026: Share capital changed from 5,100,000 DKK to 500,000 DKK
- 15/12/2025: Share capital changed from 21,000,000 DKK to 5,100,000 DKK
- 05/03/2025: Share capital changed from 10,000,000 DKK to 21,000,000 DKK
- 01/01/2025: Industry changed to Television programming, publishing and distribution of visual recordings (602000)
Calculated from the latest two annual reports in sequence and from registrations in CVR. A figure that is missing in either year gives no line, and we derive no figures.
Financial statements
Financial years 2023–2025 · amounts in DKK thousandEquity and net profit
| 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | – |
| Gross profit | −724 | −677 | −672 | +0.8% |
| Operating profit (EBIT) | −1,059 | −1,588 | −1,792 | −12.8% |
| Profit before tax | −1,062 | −1,630 | −1,815 | −11.4% |
| Net profit | −825 | −1,272 | −1,416 | −11.3% |
| Total assets | 1,655 | 2,006 | 1,940 | −3.3% |
| Equity | 518 | 452 | 511 | +12.9% |
| Liabilities | 1,134 | 1,554 | 1,430 | −8% |
| Cash and cash equivalents | 37 | 5 | 135 | +2,435.1% |
| Average number of employees | 4 | 6 | 9 | +50% |
Source: annual reports filed with the Danish Business Authority (XBRL). Figures for the company (not the group); change is the latest year against the year before. “–” means the figure is not stated in the annual report. Revenue is not stated for 2023, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures.
Download the figures as CSV · free with an account, amounts in whole DKK
Signals from the financial statements
calculated from the 2025 figuresLoss for 3 years in a row
Net result has been negative in 2023–2025.
How is this calculated?
Net result is negative in the two or more latest annual reports in a row.
The signals are rules applied to the figures in the annual reports. They are not an assessment or credit rating of the company. See Data and method.
Annual reports
3 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 11/05/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 10/04/2025 | The company | PDFXBRL |
| 2023 | 11/07/2023 – 31/12/2023 | 28/05/2024 | The company | PDFXBRL |
The figures from all the annual reports are shown on this page. The documents themselves (PDF and XBRL, the machine-readable edition) are downloaded with a Pro account: sign in or create a free account, and then choose Pro. XBRL is the edition the figures on the page are read from.
Employees
monthly figures from CVRPosition in the industry
31 companies in the databaseComparison with the other companies in television programming, publishing and distribution of visual recordings based on the latest financial year.
Industry median: gross profit DKK 1.5m, net profit DKK 28,149, equity DKK 532k, 2 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with fewer than 20 employees69,967 companies in the comparison | No. 68,405of 69,742 Better than 2% | No. 41,921of 69,964 Better than 40% |
| Same industry and fewer than 20 employees25 companies in the comparison | No. 23of 24 Better than 4% | No. 12of 25 Better than 54% |
| Companies that are founded within the last five years16,662 companies in the comparison | No. 16,198of 16,614 Better than 3% | No. 5,753of 16,661 Better than 65% |
| All companies of type A/S18,025 companies in the comparison | No. 17,310of 17,786 Better than 3% | No. 16,679of 18,024 Better than 7% |
The rank is calculated among companies in the database with a figure for the latest financial year, and is shown only for groups of at least ten companies.
Compare with the industry
Television programming, publishing and distribution of visual recordings- CM Navigator A/S−DKK 672k
- Viaplay Group Denmark A/SDKK 184.9m
- Viaplay Group Denmark Sport A/SDKK 118m
- CM Navigator A/S−DKK 1.4m
- Viaplay Group Denmark A/SDKK 89.8m
- Viaplay Group Denmark Sport A/SDKK 11m
- CM Navigator A/SDKK 511k
- Viaplay Group Denmark A/SDKK 132.9m
- Viaplay Group Denmark Sport A/SDKK 68.2m
- CM Navigator A/S12
- Viaplay Group Denmark A/S117
- Viaplay Group Denmark Sport A/S199
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership RegisterManagement
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Simon Christensen | Director | 11/07/2023 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Simon Christensen | Board member | 11/07/2023 |
| Mads Frank Markussen | Board member | 11/07/2023 |
| Bjørn Norholdt Eckford-Olsen | Chair of the board | 11/07/2023 |
- Founders
- Copenhagen Merchants A/S
Former management (1)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Indrek Aigro | Board member | 11/07/2023 | 30/08/2024 |
Signing rule: Selskabet tegnes af en direktør i forening med et bestyrelsesmedlem eller af tre bestyrelsesmedlemmer i forening.
Address and production units
1 active production unitsKlubiensvej 22
2150 Nordhavn
København Municipality · Postcode 2150
Other companies at the address (6)
- CM Holding A/SOther transportation support activities
- Navi Merchants A/SSea and coastal freight water transport
- Vitra A/SWholesale of furniture for homes, offices and shops, carpets and lighting equipment
- Copenhagen Merchants A/SAgents in agricultural raw materials, live animals, textile raw materials and semi-finished goods
- Italian Wine Trading ApSWholesale of wine and spirits
| Production unit | Address | Employees | P number |
|---|---|---|---|
| CM Navigator A/S | Klubiensvej 22, 2150 Nordhavn | 12 | 1029477341 |
Purpose
Selskabets formål er udvikling af IT-løsninger inden for handel og logistik samt dermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
19 registered events20262 changescapital 1 · accounts 1
- CapitalShare capital changed from 5,100,000 DKK to 500,000 DKK
- AccountsAnnual report for 2025 published
20254 changescapital 2 · accounts 1 · industry 1
- CapitalShare capital changed from 21,000,000 DKK to 5,100,000 DKK
- AccountsAnnual report for 2024 published
- CapitalShare capital changed from 10,000,000 DKK to 21,000,000 DKK
- IndustryIndustry changed to Television programming, publishing and distribution of visual recordings (602000)
20243 changesmanagement 1 · accounts 1 · capital 1
- ManagementIndrek Aigro stepped down as board member
- AccountsAnnual report for 2023 published
- CapitalShare capital changed from 1,000,000 DKK to 10,000,000 DKK
202310 changesaddress 1 · founded 1 · management 5 · ownership 3
- AddressMoved to Klubiensvej 22, 2150 Nordhavn
- FoundedRegistered as CM Navigator A/S
- ManagementIndrek Aigro appointed board member
- ManagementSimon Christensen appointed board member
- ManagementSimon Christensen appointed director
- ManagementMads Frank Markussen appointed board member
- ManagementBjørn Norholdt Eckford-Olsen appointed chair of the board
- OwnershipCM HOLDING A/S registered as owner (50%)
- OwnershipCOPENHAGEN MERCHANTS A/S registered as owner (20%)
- OwnershipNavi Merchants A/S registered as owner (20%)
Related companies
Same industry in København
- Viaplay Group Denmark Sport A/S199 employees
- FremantleMedia Danmark A/S193 employees
- Viaplay Group Denmark A/S117 employees
- Apple ApS14 employees
- SpeakerBee ApS10 employees
- New Land P/S8 employees
Same people in management
- Schultz Shipping A/Svia Bjørn Norholdt Eckford-Olsen
- Northflare Energy A/Svia Simon Christensen
- Aarhus Protein A/Svia Simon Christensen
- CM Holding A/Svia Simon Christensen
- Holger Kristiansens Eftf Nakskov A/Svia Simon Christensen
- Navi Merchants A/Svia Bjørn Norholdt Eckford-Olsen
Largest in the industry
- Viaplay Group Denmark A/SDKK 184.9m
- Viaplay Group Denmark Sport A/SDKK 118m
- FremantleMedia Danmark A/SDKK 105.4m
- Allente Danmark A/SDKK 61.5m
- Driftsselskabet A/S Tv-sydDKK 57.6m
- Hr-on ApSDKK 19.7m
Source and updates
The information comes from the Danish Central Business Register (Danish Business Authority) and from annual reports filed with the Danish Business Authority. Last synchronised 24/10/2026.